Independent Bank Stock Analysis

INDB Stock  USD 71.28  1.19  1.70%   
Independent Bank is overvalued with Real Value of 57.79 and Target Price of 79.5. The main objective of Independent Bank stock analysis is to determine its intrinsic value, which is an estimate of what Independent Bank is worth, separate from its market price. There are two main types of Independent Bank's stock analysis: fundamental analysis and technical analysis.
The Independent Bank stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Independent Bank's ongoing operational relationships across important fundamental and technical indicators.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in national income and product accounts.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

Independent Stock Analysis Notes

About 80.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.14. Some equities with similar Price to Book (P/B) outperform the market in the long run. Independent Bank last dividend was issued on the 30th of June 2025. The entity had 3:2 split on the 1st of October 1987. Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1691 people. To learn more about Independent Bank call Christopher Oddleifson at 781 878 6100 or check out https://www.rocklandtrust.com.

Independent Bank Quarterly Total Revenue

252.5 Million

Independent Bank Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Independent Bank's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Independent Bank or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 80.0% of the company shares are owned by institutional investors
Latest headline from theverge.com: Sierra CEO Bret Taylor on why the AI bubble feels like the dotcom boom

Independent Bank Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Independent Bank previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
16th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Independent Largest EPS Surprises

Earnings surprises can significantly impact Independent Bank's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1997-07-10
1997-06-300.210.240.0314 
2010-10-21
2010-09-300.480.530.0510 
2010-01-21
2009-12-310.480.43-0.0510 
View All Earnings Estimates

Independent Bank Environmental, Social, and Governance (ESG) Scores

Independent Bank's ESG score is a quantitative measure that evaluates Independent Bank's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Independent Bank's operations that may have significant financial implications and affect Independent Bank's stock price as well as guide investors towards more socially responsible investments.

Independent Stock Institutional Investors

Shares
First Trust Advisors L.p.2025-06-30
657.6 K
Fj Capital Management Llc2025-06-30
649.3 K
Silvercrest Asset Management Group Llc2025-03-31
624.4 K
Btim Corp2025-06-30
585 K
Morgan Stanley - Brokerage Accounts2025-03-31
564.3 K
Goldman Sachs Group Inc2025-06-30
551.1 K
Charles Schwab Investment Management Inc2025-06-30
534.7 K
Reinhart Mahoney Capital Management Inc2025-06-30
507.7 K
Norges Bank2025-06-30
493.8 K
Blackrock Inc2025-03-31
6.2 M
Vanguard Group Inc2025-06-30
5.2 M
Note, although Independent Bank's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Independent Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.56 B.

Independent Profitablity

The company has Profit Margin (PM) of 0.28 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.41 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.41.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.06  0.06 
Return On Assets 0.01  0.01 
Return On Equity 0.06  0.08 

Management Efficiency

The current year's Return On Equity is expected to grow to 0.07, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Independent Bank's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 20 B, whereas Total Current Assets are forecasted to decline to about 348.8 M. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 70.43  73.95 
Tangible Book Value Per Share 46.96  49.31 
Enterprise Value Over EBITDA 11.14  10.33 
Price Book Value Ratio 0.91  1.76 
Enterprise Value Multiple 11.14  10.33 
Price Fair Value 0.91  1.76 
Enterprise Value3.3 B2.3 B
Management at Independent Bank focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Dividend Yield
0.0331
Operating Margin
0.4102
Profit Margin
0.2844
Forward Dividend Yield
0.0331
Beta
0.929

Technical Drivers

As of the 14th of September 2025, Independent Bank retains the Downside Deviation of 1.55, market risk adjusted performance of 0.0946, and Risk Adjusted Performance of 0.0631. Independent Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Independent Bank Price Movement Analysis

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Independent Bank changes than the simple moving average.

Independent Bank Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independent Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Independent Bank Outstanding Bonds

Independent Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Independent Bank uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Independent bonds can be classified according to their maturity, which is the date when Independent Bank has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Independent Bank Predictive Daily Indicators

Independent Bank intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Independent Bank stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Independent Bank Corporate Filings

F4
11th of September 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
10th of September 2025
An amendment to a previously filed Form 8-K
ViewVerify
8K
2nd of September 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
18th of August 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
14th of August 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F3
12th of August 2025
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
10Q
5th of August 2025
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
17th of July 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Independent Bank Forecast Models

Independent Bank's time-series forecasting models are one of many Independent Bank's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Independent Bank's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Independent Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Independent Bank prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Independent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Independent Bank. By using and applying Independent Stock analysis, traders can create a robust methodology for identifying Independent entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.25  0.19 
Operating Profit Margin 0.25  0.19 
Net Profit Margin 0.20  0.14 
Gross Profit Margin 0.66  0.58 

Current Independent Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Independent analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Independent analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
79.5Buy4Odds
Independent Bank current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Independent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Independent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Independent Bank, talking to its executives and customers, or listening to Independent conference calls.
Independent Analyst Advice Details

Independent Stock Analysis Indicators

Independent Bank stock analysis indicators help investors evaluate how Independent Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Independent Bank shares will generate the highest return on investment. By understating and applying Independent Bank stock analysis, traders can identify Independent Bank position entry and exit signals to maximize returns.
Begin Period Cash Flow224.3 M
Long Term Debt701.4 M
Common Stock Shares Outstanding42.5 M
Total Stockholder EquityB
Total Cashflows From Investing Activities-33 M
Tax Provision55 M
Quarterly Earnings Growth Y O Y-0.008
Property Plant And Equipment Net193.3 M
Cash And Short Term Investments367.2 M
Cash219.9 M
Net Debt481.5 M
50 Day M A67.444
Total Current Liabilities15.3 B
Other Operating Expenses727 M
Non Current Assets Total19 B
Forward Price Earnings9.5057
Non Currrent Assets Other910.2 M
Stock Based Compensation6.5 M

Complementary Tools for Independent Stock analysis

When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments